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December 16, 2021
AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb+" (Good) of The Bahrain National Insurance Company BSC (c) (BNI) (Bahrain). The outlook
December 16, 2021
AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "bbb" (Good) of Misr Insurance Company (MIC) (Egypt). The outlook of these
December 16, 2021
Concurrently, AM Best has affirmed the NSR of“ aaa.MX”, the Financial Strength Rating of A- and the Long-Term ICR of“ a-” of Aseguradora Insurgentes, S.A. de C.V., and its sister company, Aseguradora Aserta, S.A. de C.V., which are the main subsidiaries of GFA. In January 2017, AISA and Aserta were authorized to operate as insurances entities under a seguro de caución license,...
December 16, 2021
AM Best has revised the outlooks to positive from stable for the Long-Term Issuer Credit Ratings and affirmed the Financial Strength Rating of A and the Long-Term ICR of“ a” of Aetna Life Insurance Company and the other members of Aetna Health& Life Group, which are operating entities of Aetna Inc. and wholly owned subsidiaries of CVS Health Corporation.
December 16, 2021
AM Best has upgraded the Long-Term Issuer Credit Rating to“ bbb+” from“ bbb” and affirmed the Financial Strength Rating of B++ of Gulf Guaranty Life Insurance Company. The outlook of the Long-Term ICR has been revised to stable from positive, while the outlook of the FSR is stable. These Credit Ratings reflect Gulf Guaranty Life’ s balance sheet strength, which AM Best...
December 16, 2021
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of“ bbb” of Misr Insurance Company. MIC is the non-life insurance subsidiary of Misr Insurance Holding Company. Despite the company’ s relatively conservative investment allocation by asset class, AM Best considers the quality of assets to be weak given its...
December 16, 2021
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of "a" (Excellent) of Qatar Insurance Company Q.S.P.C. (QIC) (Qatar) and its subsidiary,
December 15, 2021
AM Best has commented that the Financial Strength Rating of A and Long-Term Issuer Credit Rating of“ a” of Canadian Premier Life Insurance Company, a subsidiary of Securian Financial Group, Inc., remain unchanged following the announcement of a definitive agreement to purchase Sun Life Assurance Company of Canada’ s association, affinity and group creditor...
December 15, 2021
Press release content from Business Wire. The AP news staff was not involved in its creation.
December 15, 2021
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Peak Reinsurance Company Limited and its subsidiary, Peak Reinsurance AG. The company’ s capital and surplus grew significantly in 2020 due to the issuance of perpetual subordinated guaranteed capital securities of USD 250 million during the year.